Finance

Gold exchange-traded product

Gold exchange-traded product

Gold exchange-traded products are exchange-traded funds (ETFs), closed-end funds (CEFs) and exchange-traded notes (ETNs) that aim to track the price of gold. They  are traded on the major stock exchanges including Zurich, Mumbai, London, Paris and New York. The first gold exchange-traded product was Central Fund of Canada, a closed-end fund founded in 1961. The first gold ETF actually launched was Gold Bullion Securities, which listed 28 March 2003 on the Australian Securities Exchange.